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For Sale

1 Church Street

Specifications

3,199 Sq Ft (297.19 Sq M)
£
For Sale: £300,000 Guide Price
1 Church Street, Wedmore, Somerset, BS28 4AB
Current Brochure Video

Summary

Highly prominent retail premises
Approx. 3,199 sq ft (297 sq m)
Located in the affluent village of Wedmore
Significant redevelopment potential subject to planning
Numerous quality local shops in the village
Italianate Style building originally designed by John Tonkin
A purchase at the Guide Price of £300,000 equates to a NIY of 5.60% (taking purchasers costs at 3.30%)

Description

The property consists of a prominent Italianate style Grade II Listed retail premises over ground, first and second floors originally designed by John Tonkin as a 'fashionable house' in the village. The ground floor benefits from a good size sales area to the front and storage to the rear.

On the first floor the property benefits from a large open plan storage space which leads to the second floor that is also utilised for storage accommodation. The property is currently occupied by Wedmore Pharmacy.

Location

The property is located in the affluent large village of Wedmore in the county of Somerset. The parish consists of three main villages: Wedmore, Blackford, and Theale with a population of circa 3,318. The village itself is located approx. 4 miles south of Cheddar, 7 miles west of Wells and 7 miles north west of Glastonbury.

The village benefits from medical and dental facilities, butchers, village store, three public houses and several other local shops that serve the local community.

Accommodation

All areas are approximate and measured in accordance with the RICS Property Measurement (2nd Edition).

Ground Floor: 1,197 sq ft (111.20 sq m)
First Floor: 1,143 sq ft (106.16 sq m)
Second Floor: 860 sq ft (79.87 sq m)
Total: 3,199 sq ft (297 sq m)

Business Rates

From the Valuation Office Agency website (www.voa.gov.uk) we understand that the current Rateable Value is £21,250.00 therefore making the approximate Rates Payable £10,603.75 per annum for 2023/24.

Services

We understand that mains electricity, water and drainage are connected to the property however these services have not been tested by the agents. Interested parties should make their own enquiries.

EPC / MEES

E (108)

Legal Fees

Each party to be responsible for their own legal fees in relation to this transaction.

VAT

All figures quoted are exclusive of VAT if applicable.

Agent Contacts